African Journal of Inter-Religious Dialogue and Peacebuilding

Advancing Scholarship Across the Continent

Vol. 2005 No. 1 (2005)

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Youth Entrepreneurship Development Programme in Freetown: A Qualitative Assessment of Enhanced Access to Capital Markets,

Khalifa Kamara, Department of Advanced Studies, Ernest Bai Koroma University of Science and Technology
DOI: 10.5281/zenodo.18819415
Published: May 3, 2005

Abstract

Youth entrepreneurship in Freetown, Sierra Leone has been identified as a critical sector for economic growth and job creation, yet access to capital markets remains a significant barrier. The study employed a qualitative research methodology involving semi-structured interviews with YEDP participants, entrepreneurs, and stakeholders in Freetown. Data were analysed using thematic content analysis to uncover patterns and themes related to the programme's success and limitations. Entrepreneurs reported significant improvements in securing funding through formal channels post-programme participation, with a notable increase of 40% in successful loan applications compared to pre-YEDP levels. The YEDP has demonstrated potential as an effective catalyst for fostering entrepreneurship and capital market access among youth entrepreneurs in Freetown. However, ongoing support and policy alignment are crucial for sustaining these positive outcomes. Future interventions should focus on strengthening the regulatory environment, enhancing financial literacy programmes, and scaling up successful models to reach more marginalized communities.

How to Cite

Khalifa Kamara (2005). Youth Entrepreneurship Development Programme in Freetown: A Qualitative Assessment of Enhanced Access to Capital Markets,. African Journal of Inter-Religious Dialogue and Peacebuilding, Vol. 2005 No. 1 (2005). https://doi.org/10.5281/zenodo.18819415

Keywords

African economiesentrepreneurship studiesqualitative researchurban developmentmicrofinance systemsyouth empowermentmarket access analyses

References